ISHARES SILVER TRUST (SLV) Stock Technical Analysis
NYSEARCA:SLV - NYSE Arca - US46428Q1094 - ETF - Currency: USD
Overall SLV gets a technical rating of 9 out of 10. Both in the recent history as in the last year, SLV has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
SLV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SLV is lagging the market slightly.
SLV is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
SLV has an average volume of 19862100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SLV is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Besides having an excellent technical rating, SLV also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 29.27, a Stop Loss order could be placed below this zone.
More info and screens
26.07
32.06
3 important support areas can be observed.
- A support zone ranging from 29.04 to 29.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 27.36 to 28.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.33 to 26.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @31.74 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.96
Mansfield0.09
10 Day High29.74
10 Day Low28.2
20 Day High29.74
20 Day Low27.05
52 Week High31.8
52 Week Low20.45
Performance
1 Week-0.03%
2 Weeks4.79%
1 Month7.87%
3 Month6.42%
6 Month11.01%
12 Month37.17%
2 Year52.65%
3 Year29.71%
5 Year88.92%
10 Year84.88%
15 Year82.58%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.09
RSI(14)62.84
LBB27.38
UBB29.96
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 29.75 | 29.03 | 0.72 (2.42%) | 25.00% |
| An entry @29.75. This is a Buy Stop order right above the 10 day high. | An exit @29.03. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.72 points, which is 2.42%. | For a 0.61% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SLV. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ISHARES SILVER TRUST
NYSEARCA:SLV (2/12/2025, 5:09:35 PM)
After market: 29.36 +0.02 (+0.07%)29.34
+0.34 (+1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.17%
1 Week-0.03%
2 Weeks4.79%
1 Month7.87%
3 Month6.42%
6 Month11.01%
12 Month37.17%
2 Year52.65%
3 Year29.71%
5 Year88.92%
10 Year84.88%
15 Year82.58%
Volatility
ATR(14)0.56
ATR(20)%1.87%
ATR Inc-25.23%
Range Today0.4
ADR(20)0.42
ADR(20)%1.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.96
Mansfield0.09
10 Day High29.74
10 Day Low28.2
20 Day High29.74
20 Day Low27.05
52 Week High31.8
52 Week Low20.45
CS1 End29.27
CR1 Start31.74
Volume & EV
DER(3)0.72%
DER(5)0.76%
Volume16.65M
Volume Incr-21.98%
Vol(5)17.84M
Vol(50)19.86M